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Oct 24, 2011
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then they can help us. i do not know if there will be enough money for them all to go through school. >> a big families are the norm. six children is the average. it is causing a huge increase in numbers. zambia's population is projected to triple by 2015 and keep rising. >> that is despite an array of modern contraceptive methods. including injections, and plants, the pill, and condoms. >> people will have to travel. they would rather use the money to buy food to feed the family. >> this is a useful country, half the population is aged 16 or under. more and more families are leaving the countryside to live in the capital in search of work. population growth can be good for the economy, with a young work force and relatively few elderly. but the increase here is so rapid, the fear is a could perpetuate poverty. zambia is barely able to feed 13 million people now. how would cope with 100 million or more by the end of the century? how did you encourage the young to have fewer children than their parents? aid
then they can help us. i do not know if there will be enough money for them all to go through school. >> a big families are the norm. six children is the average. it is causing a huge increase in numbers. zambia's population is projected to triple by 2015 and keep rising. >> that is despite an array of modern contraceptive methods. including injections, and plants, the pill, and condoms. >> people will have to travel. they would rather use the money to buy food to feed the...
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Oct 22, 2011
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he won't touch it. >> i love roosevelt, but what got us out of the depression was world war ii. what is going to get us out of this mess, i fear, is a crisis in europe that brings the entire global system crashing down and out of that rubble, finally governments will be forced to do something. > mr. coppolaapocalypse. >> after the apocalypse. >> i was clinging to hope that real reform would happen. but unless we have a crisis, i don't think it will. >> instead of playing cops, firefighters, teachers to work, what we ought to have is another series of tax cuts for those who need it least. they worked so beautifully well that, my goodness, let's have a symphony of tax cuts -- >> you pretend you are worried about the long-term unemployed. hiring a teacher in alaska is not going to help the unemployed and die in pittsburgh -- unemployed guy in pittsburgh. >> i feel like i am bill murray in "groundhog day," because we come to the same thing. >> tax reform -- everybody agrees you take out the loopholes and lower the rates. it worked in 1986, republicans and democrats. nobody will do i
he won't touch it. >> i love roosevelt, but what got us out of the depression was world war ii. what is going to get us out of this mess, i fear, is a crisis in europe that brings the entire global system crashing down and out of that rubble, finally governments will be forced to do something. > mr. coppolaapocalypse. >> after the apocalypse. >> i was clinging to hope that real reform would happen. but unless we have a crisis, i don't think it will. >> instead of...
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Oct 24, 2011
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joining us now? jill malandrino, reporter at thestreet.com. hy, jill. >> hi, susie, thanks for having me. >> susie: you spotted a trend in what happens to high growth, high-tech companies when they are reporting their earnings. tell us a little bit more about what you are seeing. >> i think with the market overall this is certainly not 2008-2009 where investors are complacent with companies making the quarter on cost cutting alone. they are incredibly picky and they have the right to be. so they are look for companies that are beating with 3w09 on line revenue and not simply cost cuts. so what we are seeing happening in high beta tech is these names are being bid up so high into the print and they come crashing down in the after-hours and they open up lower for the day. and they usually end up closing down for the following trading day as well. so for example-- . >> susie: well, let's take some examples. you have given three stocks to look at. let's begin with apple. here is the case that we remember that the stock was really rising in the day
joining us now? jill malandrino, reporter at thestreet.com. hy, jill. >> hi, susie, thanks for having me. >> susie: you spotted a trend in what happens to high growth, high-tech companies when they are reporting their earnings. tell us a little bit more about what you are seeing. >> i think with the market overall this is certainly not 2008-2009 where investors are complacent with companies making the quarter on cost cutting alone. they are incredibly picky and they have the...
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Oct 26, 2011
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how the euro-zone will use its $610 billion bailout fund. and how to ensure the stability of european banks. the top priority is planning for a structured debt default by greece. >> i think the best we can hope for at this point is that europeans reassure markets that greece will be allowed to default in an orderly way and the greek default will not affect italy, because the european leaders will, as a second important step, take steps to backstop and support the italian government bond market. >> tom: stocks moved higher as european leaders worked towards a debt resolution. the dow rose 162 points, the nasdaq added 12 and the s&p 500 up nearly 13 points. big board volume continues above one billion shares while nasdaq volume climbed above two billion. sales of new homes were up last month following four straight monthly declines. the commerce department says sales jumped nearly 6% as builders lowered prices in a soft market. separately, another report shows companies ordered more heavy machinery and computers in september. overall demand sl
how the euro-zone will use its $610 billion bailout fund. and how to ensure the stability of european banks. the top priority is planning for a structured debt default by greece. >> i think the best we can hope for at this point is that europeans reassure markets that greece will be allowed to default in an orderly way and the greek default will not affect italy, because the european leaders will, as a second important step, take steps to backstop and support the italian government bond...
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Oct 7, 2011
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we are in a superbull market, use weakness to buy it. i'm wearing my gold tie today jut for the show. >> tom: with a said jacket in arizona we might add. you like the iau, gold, trust, etf up about 9%. the silver etf down 33%. dow still like both metals? >> absolutely. you know, the it is up by 25% after we recommended it, silver had that continued move. again, they are just moving in tandem with this current correction. it is temporary. it may last a month or two, buy both on weakness, absolutely. >> tom: you own both metals. how about the etfs. >> yes, i own, trade, i am in these all the time. my favorite. >> tom: mark lebovit decked out in gold for good reason, with vr gold letter.com. >> susie: last april, mcdonald's hung out a help wanted sign looking for 50,000 new workers nationwide. the fast food giant got an avalanche of applicants, including single mother katrina aguirre. the laid off telecommunications sales rep landed a restaurant job one day after applying. in tonight's you're hired, aguirre says her new job is already openi
we are in a superbull market, use weakness to buy it. i'm wearing my gold tie today jut for the show. >> tom: with a said jacket in arizona we might add. you like the iau, gold, trust, etf up about 9%. the silver etf down 33%. dow still like both metals? >> absolutely. you know, the it is up by 25% after we recommended it, silver had that continued move. again, they are just moving in tandem with this current correction. it is temporary. it may last a month or two, buy both on...
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Oct 3, 2011
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that was our formula for suggest sess, that used to be us. and the reason we are where we are today is in large part due to the fact we got away from that formula. >> susie: and tom, you have a blueprint that you say if we go back to doing those things that we will be on a successful part. but how do we do that in a political environment like what we're going through now that is so polarized? >> this is not impossible, at all. we need a grand bargain to put in place the basic spending cuts, the basic tax revenues and the basic investments we need, to get back to our formula for suggest zses. we do that, and that private side, that private energy that's constantly filtering up will be channeled in the right direction. >> susie: i was talking to warren buffett the other day and he said the solution to our problems is to let the natural regenerative juices of capitalism to work and those are his words. >> question. >> so is it a matter of waiting it out and getting government out of the way of innovaters. >> i would agree with that. i would part
that was our formula for suggest sess, that used to be us. and the reason we are where we are today is in large part due to the fact we got away from that formula. >> susie: and tom, you have a blueprint that you say if we go back to doing those things that we will be on a successful part. but how do we do that in a political environment like what we're going through now that is so polarized? >> this is not impossible, at all. we need a grand bargain to put in place the basic...
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Oct 10, 2011
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let's use energy more efficiently. let's go. >> union bank has put its global expertise to work for a wide range of companies. what can we do for you? >> "bbc world news" was presented by kcet los angeles.
let's use energy more efficiently. let's go. >> union bank has put its global expertise to work for a wide range of companies. what can we do for you? >> "bbc world news" was presented by kcet los angeles.
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Oct 15, 2011
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. >> we call other nations to join us in condemning this threat to peace and security. >> the senate defeats the president's jobs bill. >> i will not take no for an answer and i hope you won't either. >> republicans have a jobs plan of their own. >> the president believes government money creates jobs. we believe business creates jobs. >> is a herman cain just another flavor of the week? >> the difference between flavor of the week and black walnut, does it taste good all the time. >> a new hampshire primary before christmas -- are you kidding? captioned by the national captioning institute --www.ncicap.org-- the united states government as we get accused the government of iran of plotting to assassinate the saudi ambassador to the united states on american soil. the alleged plot reportedly involved a payment of $1.5 million to a mexican drug cartel to kill the ambassador and carry out other attacks. attorney general eric holder said the plot also involve elements of iran's's elite quids ds force. a spokesman for the u.n. says that -- for iran in the un says they categorically reject
. >> we call other nations to join us in condemning this threat to peace and security. >> the senate defeats the president's jobs bill. >> i will not take no for an answer and i hope you won't either. >> republicans have a jobs plan of their own. >> the president believes government money creates jobs. we believe business creates jobs. >> is a herman cain just another flavor of the week? >> the difference between flavor of the week and black walnut,...
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Oct 19, 2011
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joining us now to talk more about the groupon offering and the health of the i.p.o. market? david menlow. he's president of ipofinancial.com. david, so nice to have you back on "nightly business report". >> great to be here, susie. >> susie: let's talk about groupon, a lot of excitement about this, the company coming to public. how do you think it's going to do? >> well, there's a tug of war that's going on between the underwriters and the investing community. this i. p. o. has been in the system for just a little bit too long and it's starting to develop some cobwebs, so investors are thinking maybe there's something wrong with the company, and there have been a lot of back and forth between the s. e. c. and the company to get this taken care of. investors are going to be the ones that will leap into this offering because they've heard it as one of the big coast, and it will get a good sponsorship. >> susie: you heard our report about all the market volatility. is this a good time for a company like groupon or any company to go public? >> it's an interesting question. it re
joining us now to talk more about the groupon offering and the health of the i.p.o. market? david menlow. he's president of ipofinancial.com. david, so nice to have you back on "nightly business report". >> great to be here, susie. >> susie: let's talk about groupon, a lot of excitement about this, the company coming to public. how do you think it's going to do? >> well, there's a tug of war that's going on between the underwriters and the investing community. this...
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Oct 1, 2011
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my constituents want us to economize. we offset some of that with taking money out of programs i think are wasteful, fuel technology, green job, things the president is doing. we can do that. and i can stand and look at my constituents and say i'm willing to make that because we have to take hard positions. that's a defensible, ideological approach. and part of what drove this, democrats look and say wait a minute, we never held disaster aid hostage over budget issues before. it's a new argument and even those who you might think wouldn't be part of that republican argument are. >> party leaders, do they even care that their numbers in terms of congress approval are approaching single digits? do they even care? >> congress has the lowest net approval rating it's ever had in history. the difference between approval and disapproval now 70 points or more in almost every poll that's taken. within that republicans can find some reassuring signs that there's a general sense, maybe in the 40's, that keeping the republican congre
my constituents want us to economize. we offset some of that with taking money out of programs i think are wasteful, fuel technology, green job, things the president is doing. we can do that. and i can stand and look at my constituents and say i'm willing to make that because we have to take hard positions. that's a defensible, ideological approach. and part of what drove this, democrats look and say wait a minute, we never held disaster aid hostage over budget issues before. it's a new...
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Oct 15, 2011
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and a lot of us, certainly the three of us who were sitting at the table as moderators, expected him to come in aggressively. the day before, he had released a really hard-edged video against mitt romney talking about health care. we were expecting that the minute the subject turned to health care, he was just going to take out after him. and the opposite happened. it was -- you said he faded. it was almost like he disappeared. gwen: there were long periods of time, true of jon huntsman as well. but long periods of time when you expected this guy who had come out of the gate so fast to finally take charge. especially since everyone has said he hasn't done well in debates before but it kind of didn't happen. >> and it wasn't like he wasn't given the opportunities. and obviously herman cain was just reveling in his -- in his new stature in the race. and mitt romney, though, is -- a republican operative had said to me earlier this week, it's like this guy is going to win the indy 500 at 35 miles an hour. just by not running into the guard rails. and i think that's what he did. it was al
and a lot of us, certainly the three of us who were sitting at the table as moderators, expected him to come in aggressively. the day before, he had released a really hard-edged video against mitt romney talking about health care. we were expecting that the minute the subject turned to health care, he was just going to take out after him. and the opposite happened. it was -- you said he faded. it was almost like he disappeared. gwen: there were long periods of time, true of jon huntsman as...
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Oct 31, 2011
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what can you tell us about him? >> he is seen as somebody who can bring the transitional council together. there have been reports of internal squabbling, not least over the body of the former dictator, where it should be buried, how it should be buried, and so on. this man is a consensus figure. he is from tripoli, which will help the city. until now, the transitional council has been sitting in the east, in benghazi. this is a tripoli candidate. this should help unify feelings and bring people together. that is what libyans want. they want to move ahead on this ambitious plan toward democracy, with the idea that the new prime minister will not elect a cabinet, which will lead to public elections -- will now elected cabinet, which will lead to public elections for a council to draw up a constitution and an election. people are eager to move on the road as soon as they can. >> how much of those plans for the future been affected by nato ending its mission tonight? >> it certainly focused minds in libya, the fact tha
what can you tell us about him? >> he is seen as somebody who can bring the transitional council together. there have been reports of internal squabbling, not least over the body of the former dictator, where it should be buried, how it should be buried, and so on. this man is a consensus figure. he is from tripoli, which will help the city. until now, the transitional council has been sitting in the east, in benghazi. this is a tripoli candidate. this should help unify feelings and bring...
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Oct 29, 2011
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too many people are out there hurting for us to sit around and do nothing. gwen: jackie, who is the president targeting that message to? >> the message is generally to everyone because it's as if he's saying i'm not powerless just because the republicans in congress are obstructing every major piece of legislation i put forward. and then as each of these proposals to dribble out as they have been, they have a separate message to the constituency he's aiming at. take these student loan proposed to ease the terms of repayment to people with federal student loans. that was aimed, just as his audience he made it to in denver, aimed at younger voters who were critical of his election, and like other demographic groups, he's got weaker support there. they're not as energized and so that's aimed at that group. two days earlier in las vegas, he had talked about his changed rules in to ease refinancing for people who are facing -- may not be facing foreclosure yet but they want to refinance their house to save money but their home values are lower than their -- the m
too many people are out there hurting for us to sit around and do nothing. gwen: jackie, who is the president targeting that message to? >> the message is generally to everyone because it's as if he's saying i'm not powerless just because the republicans in congress are obstructing every major piece of legislation i put forward. and then as each of these proposals to dribble out as they have been, they have a separate message to the constituency he's aiming at. take these student loan...
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Oct 12, 2011
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we can, using the power of psychology. it turns out that putting money aside in a generic savings account isn't very effective. for example, how many of us have said things like, "i should really put some of this into savings?" somehow, these accounts never seem to grow. there is another way. when we set aside money for specific purposes, our savings can grow very quickly. compare these two accounts. this is a generic savings account. now, here's an example of the financial system i use. notice that in my savings account, i have sub-savings accounts for very specific goals. which one will you raid for that last-minute vacation? which one are you likely to keep contributing to? we know we should be planning ahead, yet few of us do. so when we use the power of psychology to automatically save for predictable expenses, the results can be very powerful. i'm ramit sethi. >> tom: that's "nightly business report" for wednesday, october 12. i'm tom hudson. good night everyone, and good night to you too, susie. >> susie: good night
we can, using the power of psychology. it turns out that putting money aside in a generic savings account isn't very effective. for example, how many of us have said things like, "i should really put some of this into savings?" somehow, these accounts never seem to grow. there is another way. when we set aside money for specific purposes, our savings can grow very quickly. compare these two accounts. this is a generic savings account. now, here's an example of the financial system i...
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Oct 31, 2011
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in tonight's "word on the street," david peltier joins us. he's portfolio manager at thestreet.com. >> susie: hi, david.thank you f, susie. >> susie: tell us why you're up? >> historically november is a pretty good month in the market. like looking for certain pockets of value. the energy sector and individual names that should do well wether the market goes up between now and the end of the year. >> susie: we heard from so muchg seasons so cautious on outlooks for the rest of the year. where is the catalyst for a growth in the stock market? >> there were some good and some bad about. two-thirds of companies in the smp 500 have exceeded earning spec stations. i want to look where earnings are growing the most. energy is very cheap right now. when you look at value investing any stock or sector has a price to be bought. i think there is good value out there now. >> susie: alright.let's talk abe possibilities out there. you have two stocks to tell us about. the first is triquin semi conductor qtnt. tell us why you like it? >> it's below tangibl
in tonight's "word on the street," david peltier joins us. he's portfolio manager at thestreet.com. >> susie: hi, david.thank you f, susie. >> susie: tell us why you're up? >> historically november is a pretty good month in the market. like looking for certain pockets of value. the energy sector and individual names that should do well wether the market goes up between now and the end of the year. >> susie: we heard from so muchg seasons so cautious on outlooks...
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Oct 8, 2011
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and he gave us new ways of reading. think of how many industries he killed -- cameras, newspapers, publishing. even travel agency. all the middlemen and life. -- in life. >> revolutionize the culture of this country. it could go down the list and find examples. >> thomas edison had a role in the beginning of the last century where he gave us a world we live in that had never existed, but he did it in the actively. he tried everything and laboratory. there was no evidence. he experimented and if it worked and if it did not, i think he had a thousand light bulbs. jobs had this sort of zen mind, an idea of how it should look, and he said to 1000 people, here is how i see it -- you make it. that is what made remarkable. >> and the people who make it and who made it -- for example, they say that, by the way, the government needs to play some role. the former ceo of intel said that intel would not have existed without some additional help from the government to commercialize an idea that was already supported. >> how did the
and he gave us new ways of reading. think of how many industries he killed -- cameras, newspapers, publishing. even travel agency. all the middlemen and life. -- in life. >> revolutionize the culture of this country. it could go down the list and find examples. >> thomas edison had a role in the beginning of the last century where he gave us a world we live in that had never existed, but he did it in the actively. he tried everything and laboratory. there was no evidence. he...
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Oct 22, 2011
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they also tell us quite a bit about strategy. texas governor rick perry betrayed his in response to this question from moderator anderson cooper. >> then let me ask a question of governor perry. the 14th amendment allows anybody, a child of illegal immigrants who is born here, is automatically american citizen. should that change? >> let me address herman's issue. >> i rather you ask -- you ans that question. >> i understand that. you get to ask the questions and i get to answer like i want to. gwen: where have i heard that before? in providing platform for the candidates to say whatever they came to say, are these debate stages changing the nature of the traditional primary campaign? dan? what do you think? >> they have this year. i can't remember a series of debates, first that have come in such a compressed period of time. or a series of debates that have had such an effect on presidential nominating process. they helped launch michelle bachmann. they helped knock out tim paw lnty. -- pawlenty. former minnesota. gwen: who is w
they also tell us quite a bit about strategy. texas governor rick perry betrayed his in response to this question from moderator anderson cooper. >> then let me ask a question of governor perry. the 14th amendment allows anybody, a child of illegal immigrants who is born here, is automatically american citizen. should that change? >> let me address herman's issue. >> i rather you ask -- you ans that question. >> i understand that. you get to ask the questions and i get...
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Oct 11, 2011
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captioning sponsored by wpbt >> tom: good evening and thanks for joining us. a bad start to earnings season-- late today, alcoa posted a skimpy profit that was much lower than expected. the aluminum giant is the first dow component to report and, susie, investors are worried that this a is bad omen for upcoming quarterly results. >> susie: tom, investors were disappointed-- alcoa reported right after the closing bell, and the stock fell more than 3.5% following the earnings release. here's why-- the company earned 15 cents a share in the third quarter, up from a year ago, but seven cents below analysts' estimates. alcoa blamed it on a big drop in aluminum prices and slow economic growth. revenues came in slightly ahead of estimates, up 21% to $6.4 billion. joining us now to discuss those results-- klaus kleinfeld, chairman and c.e.o. of alcoa. and, klaus, so nice to have you back on the program. >> good to be here, susie. >> susie: based on what you saw in the third quarter, what can you tell us about the outlook for alcoa's earnings for the rest of the year a
captioning sponsored by wpbt >> tom: good evening and thanks for joining us. a bad start to earnings season-- late today, alcoa posted a skimpy profit that was much lower than expected. the aluminum giant is the first dow component to report and, susie, investors are worried that this a is bad omen for upcoming quarterly results. >> susie: tom, investors were disappointed-- alcoa reported right after the closing bell, and the stock fell more than 3.5% following the earnings release....
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Oct 5, 2011
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that i believe in. >> tom: michael sent us this note. he asks, citi, it's the one for ten reverse split, now at 2.30 presplit price and i've lost a fortune again. a lot of people have here, december 29 you liked it. split adjusted at 4.77. it's at 24.7 '3. so you like it at $47 split adjusted. how about citi? >> it's a long haul with the financials, it's really unfortunate, but europe has brought them all day, even the ones that are healing their balance sheet like citigroup. it's no different with j. p. morgan or goldman sachs, or mark began stanley in the low teens. >> tom: are you still holding onto them? >> those i'm holding onto, i've even buying more financials. >> tom: do you own everything we mentioned tonight? >> yes, i do. >> tom:. we'll feature some of your questions next wednesday. our guest this evening on "street critique" is hilary kramer with gamechangerstocks.com. >> susie: let's check what's on the calendar for tomorrow. treasury secretary geithner will be on capitol hill testifying about the state of the u.s. economy.
that i believe in. >> tom: michael sent us this note. he asks, citi, it's the one for ten reverse split, now at 2.30 presplit price and i've lost a fortune again. a lot of people have here, december 29 you liked it. split adjusted at 4.77. it's at 24.7 '3. so you like it at $47 split adjusted. how about citi? >> it's a long haul with the financials, it's really unfortunate, but europe has brought them all day, even the ones that are healing their balance sheet like citigroup. it's...
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Oct 21, 2011
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. >> suzanne: join us this tuesday, n.b.r.'s susie gharib talks about fixing the economy with honeywell chairman and c.e.o. david cote. >> tom: still ahead, tonight's market monitor guest is looking for stable earnings. randall eley of the edgar lomax company tells us what's in his portfolio now. greece will get $11 billion more to help it pay its bills. this latest money comes as the top financial officials in europe will be working this weekend looking for solutions to fix that continent's debt problems. beefing up your banking system and negotiating how big losses could be for owners of pregovernment bonds. nariman ba raf esch where is with us. from massachusetts. how about big are the stakes for these talks? >> never's huge in the sense that if they don't do something quickly and if they don't do it right in a sense then you could see a situation where you could see another financial panic, another financial crisis that could not only take europe down but could actually start to affect the u.s. as well. so the stakes are ve
. >> suzanne: join us this tuesday, n.b.r.'s susie gharib talks about fixing the economy with honeywell chairman and c.e.o. david cote. >> tom: still ahead, tonight's market monitor guest is looking for stable earnings. randall eley of the edgar lomax company tells us what's in his portfolio now. greece will get $11 billion more to help it pay its bills. this latest money comes as the top financial officials in europe will be working this weekend looking for solutions to fix that...
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Oct 29, 2011
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almost herman cain's nonexistent campaign structure, republicans keep telling us how much it they like him. here he is taking a potshot at mitt romney and the health care plans the. >> many of my years have been providing health care. hillarycare, obamacare, and now i have to fight romneycare to get the nomination. >> easier said than done, mr. cain. peter hart held late focus group that included republicans, democrats, and independence. when he asked which candidate interested them the most, be answered by a large margin was herman cain. you were there, mark. what is it about him that appeal to republicans? >> he is not a politician, that they liked the personal story, up from the bootstraps, the mother a cleaning lady, a product of morehouse college, probably the most distinguished all-male traditionally black college in the country. and his directness, and his optimism, that is what they like about the guy. >> the cain phenomenon. >> they saw herman cain as a people person. his likability factor is very high. a hard-working businessman, a potential problem solver, someone that peopl
almost herman cain's nonexistent campaign structure, republicans keep telling us how much it they like him. here he is taking a potshot at mitt romney and the health care plans the. >> many of my years have been providing health care. hillarycare, obamacare, and now i have to fight romneycare to get the nomination. >> easier said than done, mr. cain. peter hart held late focus group that included republicans, democrats, and independence. when he asked which candidate interested them...
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Oct 12, 2011
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lets use energy more efficiently. lets go. >> union bank has put its global expertise to work for a wide range of companies. what can we do for you? >> bbc world news was presented by kcet los angeles.
lets use energy more efficiently. lets go. >> union bank has put its global expertise to work for a wide range of companies. what can we do for you? >> bbc world news was presented by kcet los angeles.
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Oct 5, 2011
10/11
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>> am i less prosperous that i used to be? i was more prosperous three years ago than i am the last two years. >> reporter: but perhaps the most universal theme at occupy wall street, at least on day 18, was one famously articulated a few years ago by comedian george carlin. the american dream: you have to be asleep to believe it. granted, lots of causes here, but, we asked unemployed wine retailer robert segal. is one common theme though a sense that the american dream is over? >> bingo. i think they get to the front of the chow line and put out their plates and somebody says, "sorry sister, there's nothing here for you." or, "brother, take a hike." people are wondering what in the world's down the pike. it doesn't seem like much. >> reporter: steve flicker, now retired, spent his career on wall street. >> my generation and people just younger than me are the ones whose children aren't going to have it as good as we had dissipated this. >> reporter: not that we wanted to put words in his mouth, but we felt obliged to put the
>> am i less prosperous that i used to be? i was more prosperous three years ago than i am the last two years. >> reporter: but perhaps the most universal theme at occupy wall street, at least on day 18, was one famously articulated a few years ago by comedian george carlin. the american dream: you have to be asleep to believe it. granted, lots of causes here, but, we asked unemployed wine retailer robert segal. is one common theme though a sense that the american dream is over?...
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Oct 18, 2011
10/11
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and you can follow us on twitter, @bizrpt, or my personal feed, @sgharibnbr. we're also on facebook at bizrpt. that's "nightly business report for tuesday, october 18." i'm susie gharib. good night everyone, and we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more informat
and you can follow us on twitter, @bizrpt, or my personal feed, @sgharibnbr. we're also on facebook at bizrpt. that's "nightly business report for tuesday, october 18." i'm susie gharib. good night everyone, and we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh...
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Oct 6, 2011
10/11
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this is why he continues to fascinate us. because he's like a beautiful cole identify scopic art object-- call identify scopic art object. you turn it one little tilt and a whole new angle of light comes in >> woodruff: that was author paul hendrickson on his new book, "hemingway's boat." >> brown: again, the major developments of the day: president obama called the economic situation an emergency, and he sharply challenged congressional republicans to vote on his jobs bill. apple founder steve jobs was remembered as a digital visionary and one of the world's great innovators. he died wednesday at 56. and wall street rallied again. the dow industrials gained more than 180 points. and to kwame holman for what's on the "newshour" online. kwame? >> holman: you can watch all of president obama's news conference on the rundown blog. and there's much more on steve jobs, including a 1985 "newshour" report from elizabeth brackett on the then-tumultous times for apple and a roundup of notable looks back on jobs and his legacy plus jef
this is why he continues to fascinate us. because he's like a beautiful cole identify scopic art object-- call identify scopic art object. you turn it one little tilt and a whole new angle of light comes in >> woodruff: that was author paul hendrickson on his new book, "hemingway's boat." >> brown: again, the major developments of the day: president obama called the economic situation an emergency, and he sharply challenged congressional republicans to vote on his jobs...
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Oct 28, 2011
10/11
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and i think if you just look at, oh, he used to occasionally snap at people. that-- this is the narrative of the book. >> brown: yeah. we talk so much about the enormous success and impact. but maybe take us to a moment that we're-- where that was not apparent, right? there was failure. when he was pushed out of his own company and things did not look verdict for him. >> that's certainly part of the narrative which is he creates an insanely great machine, as he calls it, the macintosh. it doesn't do all that well by 1985 in the marketplace. and his personality, and that of the much-smoother john sculley, who is a very polite, gentle soul, clashed, and in the end, he gets ousted from the company he creates. it's almost like a shakespearean drama. but the real failure and success comes inlet period people don't know much about, when he's running next computers, and he's indulging all of his artistry. he wants the angle to be exactly 90 degrees even though it's hard tore mold the machine like that. he wanted it to be the perfect cube. he want the the greatest log
and i think if you just look at, oh, he used to occasionally snap at people. that-- this is the narrative of the book. >> brown: yeah. we talk so much about the enormous success and impact. but maybe take us to a moment that we're-- where that was not apparent, right? there was failure. when he was pushed out of his own company and things did not look verdict for him. >> that's certainly part of the narrative which is he creates an insanely great machine, as he calls it, the...
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Oct 11, 2011
10/11
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senators, it's good to have you with us. thank you. >> thank you. >> good to be with you, judy. >> woodruff: let me just try to break this up into a few questions hopefully to get to the heart of this. one is, senator isaacson, the president says we have an economic emergency, that the country needs to do something right now to create jobs. is he right? >> i think he's right that we have an emergency. i think the way he wants to go about doing it is all wrong. i think we need to revis it what happened with the first sometime lugs stimulus and why it didn't work and look at what is causing corporate capital to sit on the sidelines: overregulation of american business. >> woodruff: what do you think should be done in the short term that's different from what the president suggests? >> well, the first... i would do three things. the first thing i would do is have a timeout on regulation and try and let business absorb what's been put on them during the last two years without threats of more. we've already got the health care bi
senators, it's good to have you with us. thank you. >> thank you. >> good to be with you, judy. >> woodruff: let me just try to break this up into a few questions hopefully to get to the heart of this. one is, senator isaacson, the president says we have an economic emergency, that the country needs to do something right now to create jobs. is he right? >> i think he's right that we have an emergency. i think the way he wants to go about doing it is all wrong. i think we...
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Oct 17, 2011
10/11
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al sharpton. >> he brought us from the back of the bus. he brought us to voting rights. but we must continue to fight for justice today. justice is not trying to change the voting rights act. and deny us in 34 states our right to vote with voter i.d.laws. justice is not executing people on recanted testimony. justice is not sending children to schools that are not funded. justice is not 1% of the country controlling 40% of the wealth. >> ifill: children's defense fund founder marion wright edalman called for an end to childhood poverty. >> where is your voice to say stop? children falling into poverty? why have we normalized and let our leaders normalize child poverty and homelessness and hunger in america? stand up and speak up for your children and their future. honor dr. king by committed action. >> ifill: and martin luther king iii said his father's nonviolent ideals remain on display. most recently in ongoing street protests. >> the young people of the occupy movement all over this country and throughout the world are seeking justice. justice for the employed search
al sharpton. >> he brought us from the back of the bus. he brought us to voting rights. but we must continue to fight for justice today. justice is not trying to change the voting rights act. and deny us in 34 states our right to vote with voter i.d.laws. justice is not executing people on recanted testimony. justice is not sending children to schools that are not funded. justice is not 1% of the country controlling 40% of the wealth. >> ifill: children's defense fund founder marion...
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Oct 24, 2011
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so i obviously, all of us, susan, everybody wants us to grab this housing problem and this foreclosure problem by the throat and kill it because it's killing the economy. but if we don't have either principal... we don't have the option of bankruptcy where people can protect their homes we don't have what fdr did when houses crashed for his citizens and he put a moratorium on foreclosures and then created a corporation to refinance those loans and make these loans they don't have any of that. it's all voluntary let's all work together and hope as we do these incremental steps it will make a difference. as susan pointed out, we have a monumental task in front of us. we need something bigger than these incremental steps. >> woodruff: susan, do you want to respond to that some. >> i do. nonetheless this is a positive step. this is win-win. it's not just, you know, that 70,000 dollar house we heard from jon, that would qualify. any home, however underwater as long as borrowers are current with that small exception of the 30 days. those people should have this option so they now will have t
so i obviously, all of us, susan, everybody wants us to grab this housing problem and this foreclosure problem by the throat and kill it because it's killing the economy. but if we don't have either principal... we don't have the option of bankruptcy where people can protect their homes we don't have what fdr did when houses crashed for his citizens and he put a moratorium on foreclosures and then created a corporation to refinance those loans and make these loans they don't have any of that....
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Oct 14, 2011
10/11
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i think it's going to drive us, i hope it will drive us to some sort of a certificate quus discussion because lord knows we need it going in there. >> lehrer: let's go to the presidential race. and the republican side. perry, the debate, for instance, the debate this week, what did you think overall and how did you think perry did? >> stunning leigh bad. he knew this was make-or-break to some degree. and he just had nothing. he kept referring to his jobs, his energy bill which he wasn't going to announce because he was going to announce it later. so he sort of faded into the distance. it was i think a lack of preparing, lack of skill and i think a lot of people are getting close to dismissive of him. i'm not quite clear there because he does have a ton of money. he does have a very good ad company. they put out very good ads. and the thing that is striking about the polling right now is not only the rise of herman cain but the ceiling on mitt romney. and the guy has had a phenomenal month. >> lehrer: romney has. >> romney, all these great debate performances. everyone is jumping on sh
i think it's going to drive us, i hope it will drive us to some sort of a certificate quus discussion because lord knows we need it going in there. >> lehrer: let's go to the presidential race. and the republican side. perry, the debate, for instance, the debate this week, what did you think overall and how did you think perry did? >> stunning leigh bad. he knew this was make-or-break to some degree. and he just had nothing. he kept referring to his jobs, his energy bill which he...
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Oct 19, 2011
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. >> what did he give us? a million people been deported. >> frontline, the investigative reporting workshop, and correspondent maria hinojosa investigate obama's tough immigration enforcement... >> hasn't the president ended up enacting the republican agenda? >> what the president is doing is enforcing the law of the land. >> ...examining his promise to deport hardened criminals... >> 1,000 murderers, 6,000 sex offenders, 45,000 serious drug violators. >> ...while critics say the program has swept up thousands of immigrants with no criminal record... >> a mother who had a broken tail light being separated, maybe forever, from her children? >> ( translated ): i don't understand how their mother could have been thrown out of the country. >> ...and investigating conditions in the vast network of immigrant detention centers. >> women harassed for sexual favors, guards taking detainees and beating them, running them down like they were animals. >> tonight, how the politics of immigration are "lost in detention." >
. >> what did he give us? a million people been deported. >> frontline, the investigative reporting workshop, and correspondent maria hinojosa investigate obama's tough immigration enforcement... >> hasn't the president ended up enacting the republican agenda? >> what the president is doing is enforcing the law of the land. >> ...examining his promise to deport hardened criminals... >> 1,000 murderers, 6,000 sex offenders, 45,000 serious drug violators....
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Oct 4, 2011
10/11
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bnsf: the engine that connects us. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the governor of new jersey, chris christie, will not join the race for the republican presidential nomination. his announcement today left republicans to focus on their existing field. the first-term governor had spent a couple of weeks reviewing his longstanding refusal to run for the president. but he said today in trent onhe came to the same conclusion. >> i've explored the options. i've littoned... listened to so many people and considered whether this was something that i needed to take on. but in the end what i've always felt was the right decision remains the right decision today. now is not my time. so new jersey, whether
bnsf: the engine that connects us. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the governor of new jersey, chris christie, will not join the race for the republican...
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Oct 26, 2011
10/11
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we have some rice donated to us to keep us going. what else can we do? >> reporter: marooned on a sea of stagnant water. this the cause of great hardship. but it won't drain quickly from a waterlogged nation. there are months left to endure on the inland sea. >> sreenivasan: the monsoon floods in thailand have killed more than 370 people since july. in syria, thousands of president bashar al-assad's supporters rallied in damascus today. they turned out hours before a delegation from the arab league arrived. the league has called for talks with the opposition, instead of military assaults. meanwhile, activists said at least nine syrians were killed by security forces today. and nine soldiers died when a grenade hit their bus. those are some of the day's major stories. now, back to jeff. >> brown: and we turn to the debt and bank crises in europe, as leaders-- the 17 who use the euro and some who don't-- gather to try to resolve their differences. we begin with a report from laura koonsberg of "independent television news" in brussels. >> reporter: what is
we have some rice donated to us to keep us going. what else can we do? >> reporter: marooned on a sea of stagnant water. this the cause of great hardship. but it won't drain quickly from a waterlogged nation. there are months left to endure on the inland sea. >> sreenivasan: the monsoon floods in thailand have killed more than 370 people since july. in syria, thousands of president bashar al-assad's supporters rallied in damascus today. they turned out hours before a delegation from...
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Oct 20, 2011
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police were shooting at us. our brothers and sisters are being killed. >> ifill: libya's uprising began in the eastern city of benghazi and though the rebels were emboldened, they were at first uncoordinated and often unarmed. with international support, that soon changed. qaddafi insisted he would never leave. >> ( translated ): moammar qaddafi is the glory. i have my gun, i have my rifle and i will fight for libya. >> ifill: in mid-march, nato began airstrikes and other operations aimed at protecting civilians. still, the pro-qaddafi forces did not relent. as the rebels pressed on, many civilians were caught in the crossfire or trapped. spring and summer saw an incremental rebel advance. and last month the united states joined 30 other countries in recognizing the national transitional council as libya's legitimate government. the capital, tripoli, fell to the rebels in august. in his last days, qaddafi was reduced to sending out radio messages to what remained of his regime now, eight months after the revolt
police were shooting at us. our brothers and sisters are being killed. >> ifill: libya's uprising began in the eastern city of benghazi and though the rebels were emboldened, they were at first uncoordinated and often unarmed. with international support, that soon changed. qaddafi insisted he would never leave. >> ( translated ): moammar qaddafi is the glory. i have my gun, i have my rifle and i will fight for libya. >> ifill: in mid-march, nato began airstrikes and other...
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Oct 21, 2011
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we want them to stand with us in the peace to help us to process the democracy, to help us to secure our country, security is very important. it is a very big country with a very long border. we have to get rid of the weapons. we have to get rid of the missiles where you find everywhere you go, qaddafi had them in different places. we need training for our police, for our army, for our technicians. and the other thing, i think, also, we have to make them available for thent c, after the government has been formed. >> brown: ali suleiman aujali of libya, thank you very much. >> woodruff: and to the analysis of shields and brooks-- syndicated columnist mark shields and "new york times" columnist david brooks. >> thank you, judy a lot of international news. all the troops will be home by the end of the year. reactions? >> excessive, imprudent. it had been widely reported our military leaders on the ground wanted to keep 14,000, to 18,000. it has been reported that the iraqi military has basic gaps. to transport, to do air power, intelligence, to do training, which the u.s. was helping.
we want them to stand with us in the peace to help us to process the democracy, to help us to secure our country, security is very important. it is a very big country with a very long border. we have to get rid of the weapons. we have to get rid of the missiles where you find everywhere you go, qaddafi had them in different places. we need training for our police, for our army, for our technicians. and the other thing, i think, also, we have to make them available for thent c, after the...
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Oct 27, 2011
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use. and if you look in the united states, for example, we use many, many times much more resources per person than say a person if bangladesh. or other countries. it doesn't have advantage of things like electricity. a quarter of the world's population doesn't even have electricity like we take advantage of every day. >> what are those corelations that you're seeing between the levels of education for a woman and the population growth in those countries. >> well, we know for a fact that the statistics indicate that women who have more access to population and who are best educated are actually women who choose to have smaller families. certainly smaller compared to generations before them. so there is a very strong corelation between education and choosing or the ability to make choices about the size and the number of our families. but the even more important point that we have to make which is that effectively there are over 200 million women who would want to have access to family plan
use. and if you look in the united states, for example, we use many, many times much more resources per person than say a person if bangladesh. or other countries. it doesn't have advantage of things like electricity. a quarter of the world's population doesn't even have electricity like we take advantage of every day. >> what are those corelations that you're seeing between the levels of education for a woman and the population growth in those countries. >> well, we know for a fact...
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Oct 13, 2011
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now, the church, they allow us to stay there. they just canceled without giving us a good reason. and we have 300 and some people coming tomorrow that they're not going to be able to serve. bought bos now we don't have a place. >> woodruff: finally, one quick final word interest representative ball, is there going to be an attempt to clarify this situation for them? >> well, quite frankly-- as far as the people that are here illegally, if they're here legally, they have no problem, nothing to be concerned about. if they're here illegally, then there are some measures in this law that would-- that would make it rough on them. i mean, because it's-- i don't mean make it rough, i mean, they could be arrested. >> woodruff: we will have to leave it there. we want to thank you, representative mike ball. >> sure. >> woodruff: from the state of alabama. and rosa toussaint-ortiz. we appreciate both of you joining us. >> thank you. >> thank you. >> brown: next, talking trade and nuclear weapons as south korea's president comes to washington. margaret warner has the story. >> in an ever-more
now, the church, they allow us to stay there. they just canceled without giving us a good reason. and we have 300 and some people coming tomorrow that they're not going to be able to serve. bought bos now we don't have a place. >> woodruff: finally, one quick final word interest representative ball, is there going to be an attempt to clarify this situation for them? >> well, quite frankly-- as far as the people that are here illegally, if they're here legally, they have no problem,...
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Oct 12, 2011
10/11
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his willingness and deliberate attempt to mislead us, and actually tell us mistruths. >> narrator: the fbi had found matches between the anthrax in the letters and one particular source. >> samples start coming back positive. and all of those samples that turn out positive have all been drawn up originally from bruce ivins' 1029 flask. >> narrator: but the sample bruce ivins gave them from rmr- 1029 did not match. to investigators, it was proof ivins was trying to mislead them. >> this is the only one we know of that wasn't right, that didn't come back to what it was supposed to be. >> and so, they instantly began to wonder if this wasn't an attempt to obscure the fact that rmr-1029 was the source of the anthrax letters. >> narrator: ivins insisted it was an innocent mistake, but prosecutors didn't believe him. >> this was the ultimate act of deception, to mislead and misdirect the investigation. if you send something that is supposed to be from the murder weapon, but you send something that doesn't match, that's the ultimate act of deception. that's why it's so important. >> narrator:
his willingness and deliberate attempt to mislead us, and actually tell us mistruths. >> narrator: the fbi had found matches between the anthrax in the letters and one particular source. >> samples start coming back positive. and all of those samples that turn out positive have all been drawn up originally from bruce ivins' 1029 flask. >> narrator: but the sample bruce ivins gave them from rmr- 1029 did not match. to investigators, it was proof ivins was trying to mislead...
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Oct 19, 2011
10/11
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bnsf, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: a huge protest in athens, greece 100,000 strong erupted into rioting that lasted for hours today. the trouble broke out during a general strike aimed at new austerity measures. we have a report from martin geissler of "independent television news." >> reporter: with the greek government desperate to project an image of stability to the world this was athens today. running battles, rocks and teargas. hundreds perhaps thousands of rioters fighting with police. public anger clashing with europe's financial demands. the bailout money greece needs to survive comes at a punishing cost-- tax hikes, wage cuts, tens of thousands of red
bnsf, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: a huge protest in athens, greece 100,000 strong erupted into rioting that lasted for hours...
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Oct 7, 2011
10/11
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the problem is all of us. and so just saying oh, it's-- we're pure and virtuous and it's that evil 1%. it's silly. it's scapegoating and that's just a moteff of theirs which is,un, it's just a side show. >> brown: but does it have the potential to grow into a larger movement that actually impacts politics? >> since cries of 2008, every reporting tells you two things-- there are two targets of rage the american voters feel, washington, d.c., and wall street. the tea party addressed washington, d.c. they continent lay a hand on wall street. and nor has either party. certainly the republicans haven't. the democrats have taken limited measures. that is sitting there. these are the people who were the architects and the engineers of the financial crisis, with their exotic, erotic, whatever they were, self-financing, and self-prospering instrunts that nobody else understood. they made nothing. they contributed nothing to the country. they made deals for themselves. and once they got in trouble, they turned to firefi
the problem is all of us. and so just saying oh, it's-- we're pure and virtuous and it's that evil 1%. it's silly. it's scapegoating and that's just a moteff of theirs which is,un, it's just a side show. >> brown: but does it have the potential to grow into a larger movement that actually impacts politics? >> since cries of 2008, every reporting tells you two things-- there are two targets of rage the american voters feel, washington, d.c., and wall street. the tea party addressed...
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Oct 25, 2011
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the governor didn't even do us the courtesy of telling us what it costs. so you can't make policy based on slogans. i think the fact that this doesn't have any numbers in it means that it was thrown together as a campaign device and it's the mark of its fundamental lack of seriousness. the tax revenues went up in the '80s and '90s because people were getting whacked with social security increases and now you're going to put social security at risk because revenue is going to be socked again. so i think it's a very half-baked plan. >> woodruff: come back to you stephen moore. it's not just rick perry, it's herman cain with the famous 999 plant, it's newt gingrich, governor jon huntsman who are talking about a flat tax. as you look at those proposals, is there one that's better than the others in your mind and how many americans are paying taxes today. what percentage of americans pay taxes? >> great point, first of all, i think newt gingrich said something very wise in the last republican debate when he said "look, at least republicans... they have all thes
the governor didn't even do us the courtesy of telling us what it costs. so you can't make policy based on slogans. i think the fact that this doesn't have any numbers in it means that it was thrown together as a campaign device and it's the mark of its fundamental lack of seriousness. the tax revenues went up in the '80s and '90s because people were getting whacked with social security increases and now you're going to put social security at risk because revenue is going to be socked again. so...
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Oct 12, 2011
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marcia, good to have you back with us. >> thank you, judy. >> woodruff: till us about 40 this case and how it ended up before the high courts. >> a man riding in his s.u.v. with his family was stopped by a state police officer. the officer found an outstanding but erroneous outdated warrant that he hadn't paid a fine related to another vehicle stop. he was arrested, taken to the burlington county jail where he was told to strip, open his mouth, lift his tongue, lift his genitals and he was put in jail for six days. he was then transferred to the essex county jail where he went through another strip search upon intake into that jail except they added a squat and a cough to ensure he had no internal contraband. he was released the next day when his wife was finally able to convince people that he had paid his fine. he filed a civil rights lawsuit claiming that the jail, both jail's strip search policies violated the fourth amendment which, as you know, protects us from unreasonable searches and seizures. he lost in the lower federal appellate court and he brought the case to the supreme
marcia, good to have you back with us. >> thank you, judy. >> woodruff: till us about 40 this case and how it ended up before the high courts. >> a man riding in his s.u.v. with his family was stopped by a state police officer. the officer found an outstanding but erroneous outdated warrant that he hadn't paid a fine related to another vehicle stop. he was arrested, taken to the burlington county jail where he was told to strip, open his mouth, lift his tongue, lift his...